SmartDrive (5137) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
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- FY2025AchievedAnnual report
「The company conducted a stock split at a ratio of 6 shares for every 1 common share, effective 30 June 2025.」
The stock split of 1 share into 6 shares, effective 30 June 2025, was carried out as planned, with the objectives of lowering the investment unit, improving liquidity and broadening the investor base. - FY2025-H1First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by reducing the amount per investment unit through a stock split, thereby improving the liquidity of the company's shares and further broadening its investor base.」
The company decided to split 1 common share into 6 shares, with 30 June 2025 as the record date and 1 July 2025 as the effective date. The number of issued shares is expected to increase from 6,286,770 to 37,720,620, with the objectives of lowering the investment unit, improving liquidity and broadening the investor base.